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Carchs Holdings Co (TSE:7602) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 16, 2024)


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What is Carchs Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Carchs Holdings Co's current share price is 円169.00. Carchs Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円290.53. Carchs Holdings Co's Cyclically Adjusted PB Ratio for today is 0.58.

The historical rank and industry rank for Carchs Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:7602' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.9   Max: 1.95
Current: 0.58

During the past years, Carchs Holdings Co's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.58. And the median was 0.90.

TSE:7602's Cyclically Adjusted PB Ratio is ranked better than
77.46% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TSE:7602: 0.58

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Carchs Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円226.948. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円290.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carchs Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carchs Holdings Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carchs Holdings Co Cyclically Adjusted PB Ratio Chart

Carchs Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.87 0.97 0.82 0.66

Carchs Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.66 0.68 0.70 0.63

Competitive Comparison of Carchs Holdings Co's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Carchs Holdings Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carchs Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carchs Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Carchs Holdings Co's Cyclically Adjusted PB Ratio falls into.



Carchs Holdings Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Carchs Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.00/290.53
=0.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carchs Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Carchs Holdings Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=226.948/106.8000*106.8000
=226.948

Current CPI (Dec. 2023) = 106.8000.

Carchs Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 293.991 95.700 328.090
201406 286.792 98.000 312.545
201409 294.754 98.500 319.591
201412 298.501 97.900 325.637
201503 305.302 97.900 333.057
201506 304.131 98.400 330.093
201509 315.388 98.500 341.964
201512 314.274 98.100 342.145
201603 315.977 97.900 344.702
201606 292.930 98.100 318.909
201609 287.041 98.000 312.816
201612 279.632 98.400 303.503
201703 295.460 98.100 321.663
201706 279.181 98.500 302.706
201709 284.610 98.800 307.655
201712 280.699 99.400 301.596
201803 283.871 99.200 305.619
201806 268.761 99.200 289.352
201809 267.851 99.900 286.351
201812 265.395 99.700 284.295
201903 261.140 99.700 279.737
201906 253.300 99.800 271.067
201909 260.868 100.100 278.329
201912 253.163 100.500 269.033
202003 263.548 100.300 280.627
202006 255.830 99.900 273.500
202009 261.315 99.900 279.364
202012 262.122 99.300 281.920
202103 271.333 99.900 290.074
202106 265.199 99.500 284.656
202109 266.641 100.100 284.488
202112 262.945 100.100 280.545
202203 255.269 101.100 269.661
202206 246.067 101.800 258.153
202209 249.958 103.100 258.928
202212 241.120 104.100 247.374
202303 228.474 104.400 233.726
202306 225.661 105.200 229.093
202309 230.498 106.200 231.800
202312 226.948 106.800 226.948

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Carchs Holdings Co  (TSE:7602) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Carchs Holdings Co Cyclically Adjusted PB Ratio Related Terms

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Carchs Holdings Co (TSE:7602) Business Description

Traded in Other Exchanges
N/A
Address
Shin Kioicho Building 2nd Floor, 4-1 Kioi-cho, Chiyoda-ku, Tokyo, JPN, 102-8578
Carchs Holdings Co Ltd is a Japan-based company. The company is involved in the business of buying and selling of used cars nationwide. It is also engaged in the sale of automobile related insurances, distribution of automobiles, management of subsidiary.

Carchs Holdings Co (TSE:7602) Headlines

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